Soneri Bank Limited has announced a strategic partnership with Euronet Pakistan, a globally recognized provider of secure electronic transaction processing solutions. The collaboration represents a significant step in Soneri Bank’s digital transformation journey, aiming to modernize the bank’s cards and acquiring business under a fully managed services model. This initiative is expected to enhance the efficiency, security, and convenience of financial transactions for customers nationwide.
The signing ceremony brought together senior leadership from both organizations. Representing Soneri Bank were Muhtashim Ashai, CEO; Ahsan Mushahid, DCEO; Muhammad Salman, CIO; and Syed Amir Raza, CD&IO. From Euronet Pakistan, the event featured Kashif Gaya, CEO; Dawer Khan, Head of Development & Operations; and Faisal Amin, Head of Business Development. The high-profile gathering underscored the strategic importance both parties place on advancing Pakistan’s digital payment ecosystem.
The partnership is designed to address the growing demand for seamless and secure payment experiences in Pakistan. By leveraging Euronet’s expertise in electronic transaction processing and Soneri Bank’s customer reach, the collaboration aims to introduce a range of modernized card solutions and acquiring services that meet international standards. This initiative will also help streamline operational processes, reduce transaction complexities, and offer enhanced reliability to merchants and consumers alike.
Soneri Bank has highlighted the importance of digital innovation as a key driver for financial inclusion and operational excellence. The bank’s leadership emphasized that modernization of its card and acquiring business will position the bank to deliver secure, convenient, and future-ready payment solutions. These developments align with Pakistan’s broader vision of strengthening the digital payments landscape and fostering innovation in financial services.
Euronet Pakistan, known for its global footprint and secure electronic transaction solutions, will provide end-to-end managed services, ensuring the highest standards of performance, security, and scalability. This collaboration allows Soneri Bank to focus on customer experience while leveraging Euronet’s technological capabilities to handle critical transaction processing and risk management tasks.
Through this strategic alliance, Soneri Bank and Euronet aim to create a more resilient and accessible digital payment infrastructure. Customers can expect faster transaction processing, enhanced security protocols, and expanded card services that cater to both retail and commercial needs. The partnership also sets the stage for future innovations, including value-added services and potential integration with emerging digital finance solutions.
The initiative is part of Soneri Bank’s ongoing efforts to embrace fintech collaborations that drive modernization and improve financial access across Pakistan. By combining local expertise with global technology solutions, the bank is well-positioned to deliver transformative digital banking experiences that meet the evolving expectations of today’s consumers.
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